Ether delta's CEO was charged by SEC for offering unregistered tokens on U.S territory. This is first charge against any decentralized exchange I hope Ethershift will be read to take necessary steps anticipated. It looks like it will be hard for DEX's to operate on in the states without acquiring license and if they do they aren't DEX's anymore. I would like to get Ethershift's opinion on this.
Strong project, glad to see that you won't be cowering to the KYC demands, after IDEX and Shapeshift folded it's nice to see projects standing up for the true vision of cryptocurrencies, privacy and decentralization.
I will be following this project with intense interest, I can already tell it's going to be huge.
We anticipated this type of stuff would happen when we first started working on Ethershift earlier this year.
We formed, are headquartered, and soon to be fully operating in Antigua. They have really flexible finance laws and are pro crypto.
We are poised to take the segment of this market that wants to continue trading tokens without giving up their personal information.
Thanks! We agree. There is a huge market for people that want to continue buying and selling tokens without sending their ID and personal info to a foreign business with no oversight.